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. he is the leader, the ramrod of all those right wing challenges. he put up ron johnson to beat mitch mcconnell because he's too liberal. he's leaving, quitting his senate seat, giving it up, to run the heritage foundation. we have other stuff coming up, but let's start with that. >> first of all, he's going to make a lot more money. ed fuelner, who is leaving, makes $1 million a year. demint has a net worth of $40,000. secondly, the leadership has tried to rein him in. they've said, you can't go out and go after these conservative republicans with really conservative republicans in primaries because you're setting us up to lose senate seats. now that he's out of there, he can become a kind of cross between grover norquist and the jim demint he always was. he can drive these hard right ideas, but he can also sponsor hard right candidates in republican primaries. i think he thinks he's going to be more important at the heritage foundation than he is in the senate. >> let me ask you about that, john. it looks to me not just -- the money is always a draw for some people, i'm not sure it
.c. penney side, i do think j.c. penney has an interesting turnaround story here. the stores of ron johnson have been able to revamp and institute his new model of a collection of boutiques. those stores have seen the revenues double. only 10% of the stores have been revamped, but if they can continue to maintain cash flow long enough. >> i don't like what ron johnson is doing. since this guy's taken over this stock has done nothing but go down. it was about the product, not the concept. anyone could have sold ipads and ipad minis and iphones over the year, the complete opposite and failure at jv penny the want to avoid those shares. >> rich, of course, the stock has done poorly, but it's done much better since the ipo of groupon of the you've been much better served actually being in j.c. penney than being in groupon. i would also say this. i think there is a cushion you have in j.c. penney than not groupon and that's the real estate. arguably the real estate of jc penny is worth more than the market cap of the company. with the underlying protection i think you have a bit of a free call o
you have confidence in ron johnson? >> enormous company. >> what about the strategy that seems to have turned a little bit during the holiday season, moving more towards discounts than previously articulate et. >> sure. i have confidence in ron johnson, because he is a ceo. when the facts don't work out the way he thought, he does something else. they had thanksgiving day sale, promotions during christmas. i suspect if we get good results from that, you will see more of that. >> could see more of that. >> yes. >> bill ackman, thank you for joining us. back to you guys. >> andrew, thank you very much. to kate kelly now because herbalife is responding and kate has late-breaking details on that. kate? >> thank you, sue. just to reiterate, response to ackman from herb al life. saying mr. ackman has previously said to beware of companies. we asked to be part of the call today, he refused. his miss statements are mistakes are too numerous to address immediately. once again, michael johnson, their ceo yesterday, called claims being called bogus, add matly denied they are a pyramid scheme. sou
into john kerry opiniony, you know that we spoke about ron johnson and came up from apple and his whole theory, was no promotion and great prices all the time and that really was working. the and so, they're back to the promotions this holiday season and it's working. traffic is pretty busy there. >> it's working very well, at least today for the stock. thank you, nicole. well, president obama has always promised not to raise taxes on the middle class, but if he can't reach a deal with republicans in the next seven days, that's exactly what will happen and adam shapiro, i've got to tell you, looking at the numbers, if the president gets every penny from the so-called rich that he wants to get, that would still only be 1/8 of the money that he needs to balance the budget. >> in very simple terms, it's roughly 70 billion dollars is what it would raise, in a budget-- >> if the rates go up and another 20 billion, if you get rid of deductions, but he's increased spending 800 billion dollars a year. >> and to say that 70 to 80 billion in a budget that's 900 billion to a tral over budget. so d
. then at 8:00 a.m. eastern, senator ron johnson and bob corker. president obama issued a warning on "meet the press." >> on midnight, december 31st, if congress doesn't act, then everybody's taxes go up. and for the average family, that could mean a loss of $2,000 in income. for the entire economy, that means consumers have a lot less money to make purchases, which means businesses are going to have a lot less customers, which means that they're less likely to hire and the whole economy could slow down at a time when the economy is starting to pick up. >> but after it was all said and done, leaders on the senate floor couldn't get anything done, at least not yet. >> there's no single issue that remains an impossible sticking point. the sticking point appears to be a willingness and interest or frankly the courage to close the deal. i want everyone to know, i'm willing to get this done, but i need a dance partner. >> this morning, we've been trying to come up with some counteroffice to my friend's proposal. we haven't been able to do that. i've had a number of conversations with the presid
this with wisconsin republican senator and budget committee member ron johnson. senator johnson, i just want to read off a couple to you. i just love this. $60 billion bill. $8 million for cars and furniture for the fbi. $150 million for salmon fishing, $57 million to clean up tsunami debris from 2011, $336 million for the amtrak program that's never been done. what is going on here? the people in new york who are still suffering need direct assistance. none of this is direct assistance. >> hello, larry. of course what's going on is business as usual here in washington. listen, i think there's bipartisan support to realize that this is emergency. we want to get money flowing to the people that need it. but let's get some information. let's not create a christmas tree here and load it up with all kinds of different ornaments. let's take a look at what the true need is, short term and then longer term. and let's do this in a measured fashion. so from my standpoint, i think it makes an awful lot of sense. we've got nine months left till fiscal year 2013. that's kind of the line of demarcation. we shoul
. thanks. joining us for a closer look at the fiscal cliff negotiations, ron johnson, a member of the appropriations and budget committees in the senate. thank you for taking a break from a busy time to visit with us. >> thank you. >> i want to get a response from the comments to the president. he said that g.o.p. can't take yes for an answer. is there an offer that would have been acceptable to the house or the senate g.o.p.? >> not that i am aware. people throw the numbers around, like there is a deal, $1 revenue for $3 spending cuts, i have never seen those deals. senator harry reid should have made sure the senate passed a budget, sometime in the past 3 years and that would be reconciled with the house and you would have a framework, you know, a budget resolution that the committee -- the appropriations committee, the house ways & means committee, senate finance committee, they would have the instructions to work on the difficult problems npublic. have a public debate. we are down now to the 59th minute of 11th hour here and have you a couple of elected officials and unelec
in knowledge, the stock rebounds. this is ron johnson, the guy who invented the genius bar. november 2012, this guy gives a sort of talks to the industry, everybody says i have a strategy, know what works, the stock tumbles, craters to $16 per share. bringing us to today. it is not confirmed, but maybe ron johnson is leaving the company. think about that for a moment of the stock is up on strong volume. just imaaine that. for the craziest reason of all going back a few years ago. melissa: what was the nauseous? >> missing the rally. lori: what is a good color tomorrow? sandracharles: what was the colf the year this year? melissa: tangerine? charles: of course. melissa: i am lucky. lori: i've never even heard that be described as a color. charles: tangerine. all right. lori: let's check the market with nicole watching wall street. nicole: watching green. looking at men's warehouse. a completely different picture. you see a down arrow decisively for men's warehouse. they came up with a number, but they have t had to cut their fur profit outlook. so with that we see the stock at a lower guid
a reality rally. the reality is ron johnson we all know came in. he was a rock star at avalanche he is going to turn this whole thing upside down and reinvent the department store. forget sales and promotions, that is not how you do it. he has never been in a j.cc penney and it is a lot harder than selling apple products. stock has had a huge roll up, it went and got hammered and has been coming back and the law firm there saying they got their act together, jpmorgan, they're bringing back this discount, they're bringing back promotions, they have a friend and family thing. this is what i like. i am a volume die. the volume has been phenomenal. i believe 95% of all news in the market somebody knew the day before it came out or the week before it came out despite the rules. something is going on. there's a 43% short position on the stock. if there is good news, there could be asia huge pop to the upside. unlike tim clark, ron johnson is considered a celebrity ceo and might get the benefit of the doubt. it is i ridge the idea but could be a huge short m bit. cheryl: his pain would be over. for
tea party senators like ron johnson, mike lee, marco rubio, pat toomey rand paul geoff flake, geoff fisher. perhaps his worst was backing todd aiken after todd aikenenths "legitimate rape," he donated to aiken's come pain but his attempts to remake the republican party in his conservative image has errands him actually the scorn of more moderate republicans. washington post columnist jennifer rubin wrote today, quote, "demint has been a destructive force, thread anything to primary colleagues, resisting all deals and offering very little in the way of attainable legislation." she's right. the legislation that he backed was pretty far out there. for example, he pushed a bill that would make it illegal to discuss abortion on the internet, to even discuss it. he wanted to make it illegal for gay people or unmarried women having premarital sex to be teachers at all. he led the opposition to obamacare. he said if he could stop the law from passing, it would quote break the president. he put a hold on the national women's history museum. governor nikki haley
back in 30 minutes we're going to sit down with wisconsin senator ron johnson and talk for the next hour, grover norquist, old buddy from college joins us. will his tax pledge hinder a deal on the fiscal cliff? he rises above? where is that rising above? >> that's true. there are some people who say you got to stick with your convictions, others -- >> stick around. let's bring joe and andrew back into this. guys you've been listening to the conversations this morning. your take away? are we closer, further away? you hearing things you like? >> further away. >> further away. i've decided, becky and jim, that probably the best way to do it, i'm in howard dean's camp, why wouldn't the president go over the cliff and then introduce legislation lowering the rates on 98%? and if the republicans don't vote for that he gets the tax cutting mantel and i don't see how they would vote against that? >> so cynical. >> but so true. >> why is that cynical? >> you know, because -- because i think it's crazy that that's the way things get done in washington, and we will explain that to the public. t
in november that criticized ron johnson and his performance. i think what happened there is ron johnson was fantastic at apple. but he worked at apple with steve jobs. ron johnson probably read a few too many of his press clippings. if you watch the investor day he did a few months back when he first came to jcpenney, people thought he was crazy when he went to target and went to apple. and then he talks about how he went to steve jobs' house, saying, steve, i'm leaving for jcpenney. and he said, are you crazy? and he's saying, target was great, i went to apple was great and now we're in the same position with jcpenney and i'm going to work the same magic there. no, you can run shotgun with steve jobs all day long. steve jobs was the retail architect. >> we should note, andrew mason isn't on the list either. rocco joining us. >> thank you, guys. >> earlier this hour, you heard democratic senator mark warner's take on the fiscal cliff. now republican senator john barraso is coming up. wooohooo....hahaahahaha! oh...there you go. wooohooo....hahaahahaha! i'm gonna stand up to her! no you'
by the president of the united states by year's end. winsconsin republican senator ron johnson to say so far, i guess, not so good, huh, senator? >> hi, neil, you have one side negotiating in good faith, putting proposals on the table to solve the problems, and the other side not negotiates in good faith, no proposals, the last two budgeted voted on three times, and it's 0-610. that's the problem. you don't have equal partners working in good faith with this. you have republicans working in good faith and the president who is not. neil: i know you're a republican, and that's your point of view, and i understand that, but it is fair to say that you're not without sin or your side's without sin. you have not specified how you are going to get the $800 billion in revenues so while it's on the table, revenues on the table and you are commended for that, it's not as if you're going to great detail. >> well, neil, first of all, neil, the house passed two budgets including proposals to actually save medicare, which is the largest problem in terms of driving down the debt and deficit, and that's the fi
%, and this is why because slowly, but surely, ron johnson have been moving and doing price events, and this is what they've deny doing over the holiday season. they are now trying to promote better pricing and promotions, and op co had an out performance, they liked it, and it's bringing foot traffic in, and, also, there's stores within the store, one of their ideas they've put into place. it's so far, so good. they have outperformed, and long term call on the company's turn around prospects, but they are keeping it, and the stock is up 7% for the month of december alone. back to you, liz. liz: a friend of mine said she was switching from tj maxx to jcpenney has the new store. >> really? liz: you never hear that, but maybe mr. johnson's ideas are starting to work. from bond to hollywood, imax hotter than ever with more shot in imax format and tweaked to fit the screen. imax the next big market and opening theaters quickly enough? rich, imax ceo joining us now on the phone in a fox business exclusive with the latest on imax's next big hits. rich, i just look at all of these ideas, and i see them com
that ron johnson came on board and tried to do ways of apple and products at low prices, what we are trying to realize is like promotions and getting back and doing that. dave: do they think will go into the 400s? nicole: we ridge talking about analysts, bringing numbers down, but most of the people i've talked to think it is to the upside. liz: event allen has a different story. they're selling u.s. products to china but it took a hit today. they got a downgrade. markets spooked about this.
, sales dwindle, less traffic, ron johnson figuring out a way to get this one to be a win ere. the stocks today here is up 7%. why is that? well, nina garcia, call it the nina garcia bongs. basically, nina garcia, a fashionista, involved with elm is a judge on "project runway" posted links from -- on her website to jcpenney, and the concept how they will have stores within the store so this is all their new way to get people to come in, and they are actually doing a few promotional items as well. they wanted to get out of that and phase out so it's a winner. 7% today. that's good. liz: just nearly cut losses in half, markets coming back it looks like, down 61 points after being down more than 90. this is moving on the rioters wire, and republican speaker of the house, john boehner meeting with president obama at the white house today. okay? at 3:30 eastern, not a lot of hours left and daylight here, but getting together according to a white house official. we'll see if the markets make a better comeback at the moment. well off lows, same with the s&p and nasdaq, a tough day for most of th
senator ron johnson. let me play for you what he had to say. >> this president simply doesn't understand that and as a result he's going to punish success, put at risk the economic growth that we really need to create jobs, revenue that we need. >> this is sort of the talking point that we've been hearing all along. is there any indication around capitol hill that there is some softening on that? >> i don't even know what that means, putting -- basically, i believe that the argument is that only by decreasing taxes can you lead to growth. there is a lot of historical evidence that that is not necessarily the case. i think the issue for the gchop right now is whether the tax cuts expire for everyone or whether for only those with income over $250,000. >> let me bring in jim from the national journal. jim, we had a little technical problem there. let me ask you about what she said said. can anything be decided at all until a decision is made about who is going to have tax cuts expire if it's just going to be on the top, you know, 2% or if it's going to be on everybody and we're going to go
not with radioshack, some point out other. jc penney, you know so well, covered it on cnbc, ron johnson and great magical vision for this company. so far, it has failed. again, it is make or break for mr. johnson. >> even with some optimistic analysts there who see signs of success this that have nothing to do with the original plan. >> a chart in our story, carl that shows the dropoff of jc penney stock -- i'm sorry, jc penney sales. they have lost 30 to 40% of their entire sales. that is very hard to do. >> take a look at some of the japanese exporters, talking about that in the cop text of going short the end, going long japanese stocks. an area to watch. overnight, expecting out of japan cpi data, expected to further the case for bank of japan to embark on more stimulus, bad news equals good news for japan what traders are bracing for overnight i at least on the japan trade. in terms of retailers, sears holdings is up a percent in today's session, the other three are doing pretty poorly. pretty poorly in today's session. it does look like we are extending our three-day losing streak we saw ac
and compromise. >> let me play what senator ron johnson said on cnn just this morning regarding the president and what he says the president is not understanding here. let's play it. >> this president just simply doesn't understand that, and so as a result he punishes success. we put at risk the economic growth that we really need to create the jobs, to create the revenue we need. >> you hear some republicans, a senator saying that the president does not somehow get economic growth. a lot of them focusing in on stimulus money the white house wants as a part of this deal. what is your response? you've got polls that indicated the exit polling right after the election that most americans were in support of people who make over $250,000 paying a higher tax. they have confidence in this economy, perhaps the reason that your party saw success in the election. what do you make of this notion that, again, some republicans say the president doesn't get small business or economic growth somehow? >> well, i think the american people roundly rejected that. they think the president gets it. that's why th
like mike lee, ted cruz, marco rubio, ron johnson, pat toomey and rand paul. yeah, rand paul, the man who wants to abolish virtually every government agency and restore the gold standard. with jim demint gone, i guess you could look at rand paul as the de facto leader of the tea party senators. establishment republicans, they ought to be nervous. senator lindsey graham looked like he was in a state of shock on the senate floor today. >> i met with jim demint this morning, and i, to say i was stunned is an understatement. he has always been a friend. somebody i could count on. personally, we've really enjoyed our time together. and i just -- i was stunned this morning. >> the tea party has poisoned, i think, the well of the senate and the republican ideology. the gop is so far out of the mainstream right now you can hardly recognize them from ten years ago. a new quinnipiac poll shows americans support raising taxes on the wealthy 65% to 31%. republicans, i think they're in the wilderness. they face a changing demographical situation in this country they don't know how to deal with. th
boehner calling the white house fiscal plan a joke. senator ron johnson is on the budget committee. he joins us. good evening, sir. >> greta, how you doing? >> greta: very well, and calling the plan a joke, i guess he is not going to beat around the bush for us. >> unfortunately, greta, president obama pretty well holds all the cards in this negotiation. if he wants to have tax increases or tax rates go up, i don't see how republicans can stop him, you know, because everybody's taxes are going to increase if congress does nothing, and president obama is the only person that can sign a bill into law and quite honestly, senator harry reid is the only person in the senate that can pass a bill in the senate as well. it sounds like people like howard dean want everybody's taxes to go up. maybe we should feel fortunate that president obama only wants the top two% to g two percent t. >> greta: do you anticipate republicans will vote for a rate increase if this should come to a vote? >> i don't believe they'll vote for a rate increase. what we'll vote for hopefully is to extend the current tax
the company around by ron johnson, the guy who created the apple store, and best buy because its founder seems hellbent on taking the company private. penney was on the ropes until recently when we learned from manny tirico, right here, the terrific ceo of pvh, phillips venue and izod, you know all those great brands, tommy, calvin klein, that penney's has started to order a ton of merchandise from pvh for its store within a store. in fact, his comments marked the bottom in the stock. as i pointed out at the time, i shopped jcpenney on tuesday and it was actually quite nice. i had lost this really good hat. if anyone knows my hat, please give it back to me. i went to buy it and they were all out of them. at $21 jcpenney can go higher even without additional news. best buy, i think the fundamentals here are on the decline. it feels terminal to me. so it seems a little ridiculous to own the stock. just as i think it's a little ridiculous that schultz, the founder, can get the financing to make the takeover that he so desperately seems to want to do. let me close by saying i totally understand th
with j.c. penney's ron johnson. his sin, way too optimistic in offering up guidance on what supposedly is a turnaround. the result of a promising and underdelivering. the reason he's not winner of this list is because you have to give him a chance to see if he can actually pull penney out of the hole. next is really a tough one, one i really anguished over and thought this guy might be number one and that is steve ballmer of microsoft. after years of missteps and playing follow the leader and the windows part of business, which is really only 25% of revenue, windows 8 was the trigger. it just simply hasn't knocked the cover off the ball, and that's after years, as i say, of missteps in this side of the business. in the end, however, the worst ceo easily is groupon's andrew mason. this has been nothing short of a disaster. and from a ceo standpoint i would suspect many would look at him and say a joke, an expensive joke for those who bought in early on the stock, and as i've previously said, this now appears to be a public company in search of a real business or maybe someone to execute
and ron johnson. senators, welcome back. >> hi, sean. >> hi, sean. >> sean: let's start with the meeting today. senator toomey, i'm told that the president wassed adamant n the meeting and didn't come off, are the original request was to keep tax rates at the same for the middle class but everybody above $250,000 going up. is that what you heard? >> i haven't heard about specific elements of the conversation, sean, i wasn't in the room. what i do understand from people who were there is that is sounds for the first time like the president is actually engaged and actually would prefer that we not go over the cliff. clear previously.en leer the fact that mitch mcconnell is vouched in discussions is encouraging if something can't pass the senate with a lot of republican votes it is not going to pass the house either. i think for the first time we see some constructive engainlment at least. >> sean: i heard a little different story than senator toomey and that is that a lot of what we are seeing told is really for show and the fielding is that the president made up his mind. he wants to go
number one. ron johnson of jcpenney. this is a company that had a tremendous number of blunders right out of the gate with just overall optimistic sales and earnings guides. i have no idea why anyone in a turnaround company would have sales or earnings guides. last quarter 26% decline in comp store sales, really had people wondering if this could ever be turned around. the one defense i must mention. i must mention this to you, tyler. this is a company that's in a turnaround. when a company is in a turnaround, i think you must give the ceo a chance. in this case, he came out and he said from the start, it's going to take two or three years or a number of years. >> he's only been there 13 months. herb, i know you're a tough trader. he seems like such a nice man. >> he seems like a really nice man. he's engaging. nice and execution are two separate things. he is really trying to recreate a major retailer. no one has really done it quite like that. will he be able to do it? he could end up as a best ceo down the road. >> nothing would please you more. >> nothing would, i really respect great
on friends and family discount over the weekend. has ron johnson finally come around? or too little too late john karner? >> i was a buyer into the story line. when i saw bill akman give his presentation on how jc penney would turn things around with no more coupons, i bought the idea. so the the fact that he is backing down now, made me questioned kwe his lehis leadership. >> i would like to see an about face from johnson. he said no coupons. if he is changing his strategy, i would like him to come out and apologies. it is like lipstick on a pig. in any e-mail this morning, they today farm this house to something bigger than my friends and family. >> he was brought into a no coupon strategy. get rid of them if it doesn't work. >> let's move on to "the new york times," regarding that bloomberg ear company might make a bid for the financial times. or digital property like linkedin. the mayor will move on the political stage in a couple of years. maybe wen't to run something really big. not that he's not now. >>ty, i can actually say this is not out of the realm of possibility. this is somethi
to tony blair, we're talking to democratic congressman xavier becerra, republican senator ron johnson from the state of wisconsin, also pat houston, whitney houston's sister-in-law and manager and jeopardy champion ken jennings written a new book. it's tuesday, december 4th, "starting point" begins right now. >>> welcome everybody, you're watching "starting point." we're honored this morning to have the former british prime minister tony blair with us as our guest. he's going to be weighing in as a number of topics. we're going to talk about the fiscal cliff, we're going to talk about the global economy. we're going to talk about the civil war in syria. we'll talk about the royal baby coming soon. first we want to get right to zoraida sambolin for an update on the day's top stories. >> soledad, the fiscal cliff debacle, with 28 days remaining before drastic tax hikes and spending cuts take effect, a republican spending plan has been rejected by the white house. brianna keilar is live from washington. what now, brianna? >> well, right now it's about the pressure building and the clock kicki
this morning. senator ron johnson will be joining us. and grove er nordquist. he is rite in the center of this base. a lot of people see him as a huge part of the problem. if you want to get something solved ahead of time. but there are others that say this is the right thing to be doing at this point. this is a full day of coverage. senator mark warner will be joining us, as well. a lot of people think if there's a compromise, it would start in the senate. obviously, a lot of questions as to what's happening. ross and kelly, it seems like things have gone a lot quieter than they had been for this week. for those on the inside, for those in the know, for those who have been watching for a long time in washington, they say it's a good thing because it probably indicates that talks are make some progress. you don't want to be talking out in front of the cameras when you may be making progress behind the scenes. at this point, quiet is probably a good thing. that's how we'll be looking at it, at least starting off this morning. >> becky, are you going to have to stay there as long as it t
that in much broader debt deal. but when you talk to republicans ron johnson from wisconsin, the real problem the president is not willing to rein in spending. >> senator harry reid should have passed a budget in the last three years and you would have a framework and budget resolution. the fact we're down to the 59th minute of the 11th hour and you have a couple officials behind closed doors trying to do a back room deal is an outrage. >> reporter: we're waiting for senator reid to come to the microphones and what is significant about that he has is supposed to give a status update on the talks, not just about cpi and reining in entitlements whether that is going to be part of a final deal but what is the threshold on tax cuts and increases. on the meeting with friday says he wants to go back to the threshold of $250,000 or less. that is tax cut over 250, it's a tax increase. senator mcconnell may be trying to move that to $400,000. >> arthel: and then the notion of lowering social security payments is definitely off the table in terms of democrats' side? >> it's clear from senator reid said
struggling. jcpenney would be one of them. down nearly 5% on the day. they have been a big loser. you had ron johnson come over from apple. the "wall street journal" talked about a few retailers. four of them, to be exact. including best buy. that would be another one. radioshack. and also sears. these are the four names we have been watching very closely. a lot of these names are significantly lower. do or die in 2013 for those names. liz: thank you so much. president obama landing in washington just moments ago. cutting his vacation in hawaii sure to tackle the fiscal cliff. reports calling the possibility of a deal before the new year "virtually impossible." let's bring in former press secretary to al gore and we also have brad blakeman. they are both joining us from washington, d.c. "the house has already passed legislation to avoid the fiscal cliff, but senate democrats have not." what do you make of that feedback they are having what amounts to a staring contest right now. it is legislation that would keep tax cuts for those making under $250,000 a year. the house does not have any plan
conservative. ron johnson is a tea party guy. he wants to give on the president before the end of the year and go ahead, i guess pass a bill that would extend the rates for everyone and that wouldn't pass in the house and say, okay, fine, we'll do it for 98%. put that in the president's court, get that done and is use the debt ceiling for spending. >> exactly. no, that is -- >> but he's not getting anywhere with boehner and cantor? >> it's because boehner so far is not willing to go along with that strategy. the way that it works for boehner is if he ultimately puts it on the floor and tells most of his members that they have a chance to vote against it and make playing their opposition to any tax rate increase. but he hasn't been willing to do that so far. he would get some republicans to join with dm democrats and it would pass the house. but he doesn't want to put something on the floor that would clear the house without at least half of the republican members. spending is a sticking point, but there is an asymmetry in the negotiations. democrats have laid out what they want on taxes, s
just don't. >> senator, so last week, ron johnson and you and others said what we need to do, the house passes 98% and below, allows the top 2% to go up to 39.6. just what the president wants. and then we start talk pg about spending and entitlement cuts in light of the debt ceiling coming in in february? is that what you're talking about now? so we're going to -- >> we're going to have to see whether the rank and file that boehner tries to get, if they don't go along -- you're saying they should mutiny and not do this deal he wants to do now and do this other one that puts the onus back on the president next year to come to the table for entitlement cuts. is that what you're saying? >> i don't even think speaker boehner unless, again, something's happened early this morning, he's not even going to try to sell this deal because he knows that the offer that they've made is not real yet. in other words, again let me say the cuts are to be determined down the road, with another fiscal cliff, that's being created. so what i would hope, joe, is right now, we would go ahead and implement the
beccerra will be with us. ron johnson. jeopardy champion ken jennings is back. "cnn newsroom" with carol costello begins right now. i'll see everybody back here tomorrow morning. carol, good morning. >> hi, soledad. happening now in the newsroom, we are learning more about the nfl player and his girlfriend, victim of a murder/suicide. >>> plus, the twitter firestorm surrounding bob costas's gun control comments following the tragedy. >>> a dream encounter at seaworld turns terrifying for an 8-year-old girl. she says she thought the dolphin she was feeding would bite her hand off and haul her into the water. >>> plus this -- >> i was flabbergasted. i looked at him and said, you can't be serious. i've just never seen anything like it. >> 29 days and counting until the u.s. could plunge off the fiscal cliff. this morning at least one republican is saying it's looking more like that's going to happen. after the plan laid out by the white house. >>> and she helped care for more than 140 children whose parents are behind bars in nepal. now she's got a new title. cnn hero of the year. cnn hero
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